Tag: Colorado River

UPDATE: Historic Drought Taking Toll on Western Farmers

The historic drought in the U.S. West is hitting California’s top agricultural export especially hard. The state’s $6 billion almond industry produces approximately 80% of the world’s almonds, but more and more growers are expected …

First-Ever Water Futures Will Hedge Price Risk

CME Group Inc. and Nasdaq Inc. are planning to launch a futures contract later this year that will allow farmers, speculators, and others to wager on the price of water, reported The Wall Street Journal …